cost-management
Next Heineken CEO needs to get beer sales flowing again
FinanceMercedes to move A-class production from Germany to Hungary
Ericsson Q2 profit beats expectations, but US tariffs crimped margin growth
UK's Halfords tops profit view, sees fiscal 2026 earnings skewed to second half
Trump's tariffs on steel, aluminum to raise costs for US energy firms, experts say
Date: March 11, 2025
By Vallari Srivastava (Reuters) - The proposed U.S. tariffs on steel and aluminum imports are poised to escalate costs for U.S. oilfield services companies, which rely on these metals for their...
Deutsche Bank posts weaker-than-expected profit and ditches 2025 cost target
Date: January 30, 2025
By Tom Sims and Matthias Inverardi FRANKFURT (Reuters) -Deutsche Bank on Thursday posted a bigger-than-expected drop in fourth quarter and 2024 full-year profit as legal provisions and restructuring...
Facing Chinese EV rivals, Europe’s automakers squeeze suppliers on costs
Date: February 26, 2024
Facing Chinese EV rivals, Europe’s automakers squeeze suppliers on costs By Nick Carey LONDON (Reuters) -Europe’s automakers and their already-stretched suppliers face a tough year as they race to cut costs for electric models to counter leaner Chinese rivals which are bringing cheaper vehicles to challenge them on their home turf. A big question is...
Ericsson warns of 2024 market decline despite Q4 earnings beat
Date: January 23, 2024
Ericsson warns of 2024 market decline despite Q4 earnings beat By Supantha Mukherjee and Olivier Sorgho STOCKHOLM (Reuters) -Ericsson said it expects further decline in 5G gear demand from mobile operators this year including in key growth market India, after beating fourth-quarter operating profit expectations on Tuesday helped by software sales. Telecoms equipment suppliers are...
The Hidden Costs of Payroll on Businesses
Date: June 22, 2023
The Hidden Costs of Payroll on Businesses Like many businesses today, you’re probably under pressure to lower operating costs across your business – perhaps in your payroll function. By average, payroll accounts for 50 to 60 per cent of a company’s overall spending. While payroll cost is inevitable, companies can implement creative ways to lower...
How to streamline logistics costs
Date: August 16, 2022
By Gary Dodsworth, UK Road Director at Rhenus Logistics. Research shows 71 percent of UK logistics companies have reported an increase in the costs of transporting goods during Q1 2022 compared with the same period last year (Logistics UK May 2022 Performance Tracker, Logistics UK[1]). Gary Dodsworth, UK Road Director at Rhenus Logistics, outlines the...